Medical Device Reprocessing Market to Perceive Highest CAGR of 17.10% by Forecast 2030
Electronic data is a rapidly developing adoption in the healthcare IT market. EHR databases and software offer rich resources to enhance precision medicine development. As per the NCHS (National Center for Health Statistics) at the CDC (Center for Disease Control and Prevention), U.S., the EHR adoption by primary care physicians surged from 72.1% in 2013 to 78.6% in 2014, witnessing an increase of 6.5%. All these softwares can be reused without any interruption and is thus helping in market enhancement. Furthermore, the COVID-19 pandemic increased the demand for medical device connections, which boosted the growth and expansion of the market in the future.
Data Bridge Market Research analyses that the medical device reprocessing market, which was USD 3,599.7 million in 2022, would rise to USD 12,726.91 million by 2030 and is expected to undergo a CAGR of 17.10% during the forecast period 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Increasing Prevalence of Deep Vein Thrombosis
The high prevalence of diseases such as deep vein thrombosis and pulmonary embolism is anticipated to increase. For instance, according to the June 2022 update of the Centers for Disease Control and Prevalence, deep vein thrombosis (DVT) and pulmonary embolism (PE) may affect as many as 900,000 people annually in the U.S. Still, the accurate number of victims is unknown. Therefore, medical devices are anticipated to grow due to the growing demand for medical devices. Thus, this factor boosts market growth.
Growing Demand for Reprocessing Medical Devices
The growing demand for reprocessing medical devices will boost the market growth. For instance, Medline Industries, Inc. stated that its Medline ReNewal medical device reprocessing division achieved a milestone after successfully gaining 5.3 million medical devices for reprocessing in 2021, collecting more than a million pounds of waste from the landfills. Thus, these factors are increasing the market growth.
The medical device reprocessing market is segmented on the basis of type, product and service, process, devices type, application and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product and Services
Reprocessing Support and Services
Reprocessed Medical Devices
Ambulatory Surgical Centers
Key Market Players:
Cardinal Health (U.S.)
Johnson & Johnson Private Limited (U.S.)
Cantel Medical (U.S.)
Vanguard AG (U.S.)
Avante Health Solutions (U.S.)
Getinge AB (Sweden)
SureTek Medical (U.S.)
SOMA TECH INTL (U.S.)
Olympus Corporation (Japan)
Pioneer Medical Devices AG (Germany)
Key Questions Answered
What impact does COVID-19 have made on Global Medical Device Reprocessing Market Growth & Sizing?
Who are the Leading key players and what are their Key Business plans in the Global Medical Device Reprocessing Market?
What are the key concerns of the five forces analysis of the Global Medical Device Reprocessing Market?
What are different prospects and threats faced by the dealers in the Global Medical Device Reprocessing Market?
What are the strengths and weaknesses of the key vendors?
Browse More Info @ https://www.databridgemarketresearch.com/reports/global-medical-device-reprocessing-market
Data Bridge Market Research
US: +1 888 387 2818
UK: +44 208 089 1725
Hong Kong: +852 8192 7475
Email - firstname.lastname@example.org
An absolute way to forecast what future holds is to comprehend the trend today!
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with an unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market.
Data Bridge Market Research provides appropriate solutions to complex business challenges and initiates an effortless decision-making process.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Medical Device Reprocessing Market to Perceive Highest CAGR of 17.10% by Forecast 2030 here
News-ID: 3075016 • Views: 234
More Releases from DBMR
Polycytomia Vera Market Size Worth USD 1648.69 Globally with An Excellent CAGR o …
Polycytomia Vera Market report provides data on patterns, improvements, target business sectors, materials, limits, and advancements. With this market report, it becomes possible to gain a holistic view of the market effectively and then also benchmark all the companies in the ABC industry. Moreover, it works to determine the impact of buyers, substitutes, new entrants, competitors, and suppliers on the market. This gives more accurate understanding of the market landscape,
Brain Monitoring Devices Market expected to experience market growth at a rate o …
The top-tier " Brain Monitoring Devices" market research document provides estimates on the growth rate and market value based on market dynamics and growth-inducing factors. In preparing this market analysis report, some of the attributes that have been adopted include the highest level of spirit, practical solutions, committed research and analysis, innovation, integrated approaches, and the most up-to-date technology. The report offers a comprehensive statistical analysis of the market's continuing
Autologous Stem Cell and Non-Stem Cell Based Therapies Market expected to reach …
The top-tier market research paper "Non-Stem Cell-Based and Autologous Stem Cell-Based Therapies " provides estimates on the growth rate and market value based on market dynamics and growth-inducing factors. In preparing this market analysis report, some of the attributes that have been adopted include the highest level of spirit, practical solutions, committed research and analysis, innovation, integrated approaches, and the most up-to-date technology. The report offers a comprehensive statistical analysis
Healthcare Biometrics Market to Grow at a CAGR of 20.1% According to Forecasts t …
The top -tier Health Biometrics Market research document provides estimates on the growth rate and market value based on market dynamics and growth-inducing factors. In preparing this market analysis report, some of the attributes that have been adopted include the highest level of spirit, practical solutions, committed research and analysis, innovation, integrated approaches, and the most up-to-date technology. The report offers a comprehensive statistical analysis of the market's continuing developments,
More Releases for Device
Global Watch Clock Measuring Device Market | Watch Clock Measuring Device Indust …
Watch, clock and measuring device market comprises of the sales of watch, clock, measuring device & related services to measure the time and physical quantity. Watch is portable timepiece, which is worn by people around the wrist, attached by a strap. Clock is a device used to measure and indicate time, using the pointers moving over a dial. Measuring device is an instrument used for measuring the various parameters in
PC-Based Resting Electrocardiograph Market Value Share, Analysis and Segments 20 …
Cardiovascular diseases are a leading cause of death all over the world, and hence need to be treated as soon as possible after their diagnosis. PC-based ECG machines are one of the most reliable machines that can used to detect, diagnose, and capture highly useful data, which can be used for initiating relevant treatment procedures. Thanks to the various benefits provided by these devices, a distinct PC-based electrocardiograph market exists
Peripheral Vascular Device Market Size, Peripheral Vascular Device Market Share, …
Global Peripheral Vascular Device Market Size is observed to gain traction owing to the factors such as increasing research and development for developing several new product, and rising funding by the private organizations. Request for Sample of This Research Report @ https://bit.ly/2xjOKpC Top Key Player:- Abbott Laboratories Braun Melsungen AG Boston Scientific Corporation R. Brad, Inc. Cardinal Health, Inc. Medtronic plc. Cook Medical, Inc. Teruma Corporation Jude Medical, Inc. The Spectranetics Corporation Volcano Corporation Peripheral vascular disorder (PVD) is a blood circulation disorder
Medical Device Technologies Market - The Evolution of Medical Device Technologie …
The global medical device technologies market is anticipated to be boosted by various well-known players in the market. Some of these players that are dealing with the manufacturing of in vitro diagnostic devices hold a significant share in the global market. Whereas, the small market players are emerging from several developing nations, looking to set their foot in the market. Such measures are foreseen to change the market scenario in
Energy Based Device in Hyperhidros Market Report 2018: Segmentation by Product ( …
Global Energy Based Device in Hyperhidros market research report provides company profile for Alma Lasers, ThermiAesthetics, Ulthera, Valeant, Cynosure, Miramar Lab, Fotona and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also
Timing Device Market
Asia Pacific traffic sensor market is expected to hold the majority share due to the adoption of technologically-advanced systems. Growing urban population and the increasing need for real-time information systems in the region will propel the traffic sensor market growth. Growing urban population in countries including India, China, Japan, and South Korea is increasing the strain on the traffic management solutions. This is encouraging the governments to invest increasingly in